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pls assist Martinez Corp. has issued 94.000 shares of $5 par value common stock it was authorized to sell 500,000 shares. The paid-in capital in
pls assist
Martinez Corp. has issued 94.000 shares of $5 par value common stock it was authorized to sell 500,000 shares. The paid-in capital in exess of par on common stock is $259,000. The corporation has reacquired 6,200 common shares at a cost of $48,000 and is currently holding those shares. The corporation also has 1.400 shares issued and outstanding of 9%,$100 par value preferred stock It was authorized 9.100 shares. The paid-in capital in eccess of par value on the preferred stock is $22,700. Retained earnings is $379.000. Prepare the stockholders' equity section of the balance sheet (Enter occount name only and do not provide descriptive informotion) Step by Step Solution
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